Suitors back away from Dell bids amid PC slump

Buyout specialist Blackstone Group LP is dropping its effort to acquire Dell, and billionaire investor Carl Icahn is reportedly unlikely to follow through on his preliminary acquisition offer, as suitors digest studies showing a staggering decline in PC sales.



via Tech News Headlines - Yahoo! News http://news.yahoo.com/suitors-back-away-dell-bids-amid-pc-slump-214053969--finance.html